The expense of a single vehicle tire can range from $50 to $350 depending on the brand, type, size, and performance rating. Economy tires for small cars tend to cost between $50-75 each, while premium tires deliver better longevity but run $100-250 per tire. Fuel consumption even indirectly depends on the quality of tires. Therefore, it is important to ensure that all stages of work are carried out competently and professionally.
New Tire Price Guidelines
When budgeting to replace tires, most vehicles require 4, so costs add up. New tire prices also depend on vehicle type – trucks and SUVs requiring larger tires that cost more. According to reviews, members report paying an average cost of $637 to replace four tires, with a range of $525 to $725.
It’s tempting to delay replacement, but unsafe, as worn treads increase accident risk. Consider tread life when buying new tires. Rotation helps distribute wear evenly. With thoughtful maintenance, they can last 5+ years.
Production and Manufacturing Costs
Raw Material and Production Expenses
The material cost to make a tire amounts to $17.37. Renting manufacturing space depends on location. Costs exceed $80,000 monthly in Manhattan but may be under $1,000 in Florida or Tennessee. Operating a medium plant producing 4-6 million tires yearly has around $10-20 million in annual maintenance.
Electricity for such a plant runs $3-5 million. Water for 500-750 million gallons yearly is $1-1.5 million. Raw materials and shipping drive up costs. Improved modern tires differ greatly from those made just 10 years ago.
An order of 25,000 tires, using 8 pounds of $1.50 rubber per tire, totals $300,000 in rubber costs alone. Buying 13 tire sets per race, costing up to $2,700 each, equates over $5 million for one team.
Weights and Performance
Unfortunately, manufacturers don’t list tire weights. So when seeking lighter tires to enhance vehicle performance and efficiency, consumers can’t compare weights across brands.